Russia: NLMK to raise steel production in Q3 2018

Russian steelmaker Novolipetsk Steel (NLMK) plans to raise production in July-September as compared with April-June, the company said in a presentation. Operating results of Russian facilities of NLMK are traditionally strong in July-September, which should improve financial results of the company, NLMK said. The company’s steel production rose by 1% QoQ, to 4.381 million tons…

Russia: Russky Ugol coal sales up in H1 2018

In January-June Russky Ugol increased sales of Krasnoyarsk power-generating coal by 14% YoY, at the same time Amur coal sales grew by 5%. In particular, in 6 months the company shipped over 1.6 million tons of coal from Amur deposits and some 500 thousand tons of coal from Sayano-Partizansky pit in Krasnoyarsk region. (Ukrainian metal)

Russia: ZTZ gets new managing director

Andrey Lyaskovsky, who has previously headed the development block of the company, has been appointed the managing director of Zagorsky Pipe Works. His main tasks are to improve efficiency of the company operation, synchronize manufacturing and logistics processes, as well as increase the share of the autonomous operation. Sergey Toropov, the previous managing director, has…